Honeywell, Petro Rabigh sign MoU to license NEP technology

The signing ceremony was sponsored by Assistant Minister for Development and Excellence at the Ministry of Energy Ahmed Al-Zahrani.
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Updated 02 February 2025
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Honeywell, Petro Rabigh sign MoU to license NEP technology

Under the patronage of the Ministry of Energy, Petro Rabigh and Honeywell have signed a memorandum of understanding to explore the deployment of Honeywell UOP’s naphtha-to-ethane-and-prop technology. The signing ceremony was sponsored by Assistant Minister for Development and Excellence at the Ministry of Energy Ahmed Al-Zahrani, reaffirming the Kingdom’s commitment to fostering innovation and sustainability in the energy sector.

The non-binding MoU represents a significant milestone in leveraging advanced technologies to transform butane and naphtha into high-value feedstocks for light olefin production, such as ethylene and propylene.

This collaboration will demonstrate and commercialize the innovative NEP technology, enhancing productivity, operational efficiency, and sustainability through the production of value-added petrochemical products from crude oil. The initiative aligns with the goals of Saudi Vision 2030 to drive innovation in the energy sector, promote liquid-to-chemical processes, and improve energy efficiency and economic resilience.

Petro Rabigh is the largest integrated refinery and petrochemical complex in Saudi Arabia, producing fuels and high-value petrochemical products. 

Honeywell has been a key player in the region for more than 70 years, delivering cutting-edge solutions and actively contributing to the government’s vision of advancing technology adoption and development efforts.


Lumi opens largest service and maintenance center in Tabuk

Updated 43 sec ago
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Lumi opens largest service and maintenance center in Tabuk

Lumi, a leading mobility provider in the Kingdom of Saudi Arabia, has announced the opening of its new center in Tabuk’s new industrial area.

Set across an extensive 4,500 sq.m., it is Lumi’s largest service and maintenance center in the Kingdom, as well as their first in the north, underscoring their commitment to enhance customer service through timely expansion.

Equipped to serve both cars and buses, the state-of-the-art new service and maintenance center is fitted out to facilitate both B2B and B2C services.

With the capacity to handle 30 vehicles daily, it further amplifies Lumi’s capabilities to scale up efficiency on the back of cutting-edge technology.

The new opening takes Lumi’s total service centers in Saudi Arabia to four.

Syed Azfar Shakeel, CEO of Lumi, said: “Saudi Arabia’s dynamic growth trajectory calls for an agile and resilient land mobility sector to keep pace with the growing needs of the local economy. Lumi’s expansion strategy in alignment with Saudi Vision 2030 has seen us enhancing our offerings to serve the requirements of a booming local sector. The opening of our new center in Tabuk, is part of our long-term strategy to augment our operational excellence in the region and amplify our innovative offerings to our valued customers.”

Lumi’s state-of-the-art service and maintenance centers located in Riyadh, Jeddah, Alkhobar, and now Tabuk will enhance support to their ever-expanding customer base in the region. Other than routine maintenance work in line with Lumi’s commitment to provide a young reliable fleet of vehicles to ensure the safety and well-being of drivers, the new center is also equipped to handle damaged vehicles.

With its fleet of over 35,000 new and well-maintained vehicles spread across 41 locations in the Kingdom, Lumi offers convenient and seamless booking experience enhanced by efficient customer service built on technology, efficiency and scale. 

As one of Saudi Arabia’s leading car rental and leasing companies, with branches across 18 cities, they are well-equipped to meet the demands of the Kingdom’s growing population.


LuLu, Tadweer join forces for a food waste recycling initiative in Saudi Arabia

Updated 2 min 1 sec ago
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LuLu, Tadweer join forces for a food waste recycling initiative in Saudi Arabia

LuLu Hypermarket, a leading retail chain, has partnered with Tadweer to launch a groundbreaking food waste recycling project, aiming to promote sustainability and responsible waste management. The agreement was officially signed on Jan. 23 in the presence of senior representatives from both organizations.

The initiative focuses on collecting food waste from hotels, restaurants, and markets across the region and transforming it into organic compost with the support of Tadweer’s specialized recycling facilities. 

The process involves multiple stages, including waste collection, sorting, chopping, fermentation, and final compost production.

By diverting food waste from landfills and converting it into valuable compost, the project contributes to sustainable development goals, aligning with Saudi Arabia’s vision for an environmentally responsible future.

The signing ceremony was attended by Hesham Aljabr from Tadweer and key executives from LuLu Hypermarket, including Muhammad Ahmad Abdul Jalil Bubushait, executive manager; Moiz Nuruddin, regional director, Eastern Province; Zaid Battal Al-Subaie, administration manager; Salam Sulaiman, regional manager; and Amr Mohmed, regional commercial manager. 

LuLu remains committed to fostering green initiatives and supporting innovative solutions that contribute to a healthier planet.


Carrier opens its new Middle East experience center in Dammam

Updated 11 March 2025
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Carrier opens its new Middle East experience center in Dammam

Carrier in the Middle East proudly announces the opening of its newest Carrier Experience Center in Dammam.

This premier training hub will serve channel partners, customers, and educational institutions across Saudi Arabia, reinforcing Carrier’s commitment to industry development and knowledge sharing. Carrier is a part of Carrier Global Corporation, a global leader in intelligent climate and energy solutions.

Designed to provide hands-on training and in-depth technical knowledge on Carrier’s advanced HVAC technologies, the center offers structured courses, practical demonstrations and expert-led workshops. It will enable channel partners and customers to enhance their skills and stay ahead in a rapidly evolving industry.

Additionally, the center will collaborate with universities and educational institutions, offering specialized programs to equip the next generation of HVAC professionals with essential knowledge and expertise.

“Carrier has always been committed to empowering our partners and customers with the latest knowledge and technological advancements,” said Tony Jabbour, managing director, Carrier Middle East. “The launch of the Carrier Experience Center in Dammam reflects our dedication to strengthening technical capabilities in the region and supporting the future of the HVAC industry in Saudi Arabia.”

The center also features a comprehensive product display showcasing Carrier’s latest HVAC products and solutions. This display enables customers to experience firsthand the cutting-edge technologies and innovations that Carrier offers, helping them make informed decisions about their HVAC needs.

Salman Zebian, general manager, Carrier Saudi Arabia, added: “This new facility will serve as a center of excellence, offering best-in-class training and resources to our partners and customers. By extending our expertise to educational institutions, we are also fostering talent development and preparing future leaders in the HVAC sector.”

The opening event was attended by key customers and Carrier team members, underscoring the company’s commitment to driving innovation and excellence in the region. The Carrier Experience Center in Dammam marks a significant step in Carrier’s mission to enhance industry knowledge and technical proficiency in Saudi Arabia.


Aldar partners with The Digital School to support communities, empower future

Updated 11 March 2025
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Aldar partners with The Digital School to support communities, empower future

Aldar has signed a partnership with The Digital School, a Mohammed bin Rashid Al Maktoum Global Initiative, to support the groundbreaking “Donate Your Own Device” campaign. Aligned with the UAE’s Year of Community, this collaboration underscores Aldar’s unwavering commitment to enhancing digital access to education, ensuring that students locally and internationally have the tools they need to thrive.

The “Donate Your Own Device” campaign is a powerful initiative aimed at bridging the digital divide worldwide by encouraging individuals and organizations to contribute unused laptops, tablets, and other electronic devices. In a world where technology is integral to education, this campaign is creating a path to opportunity for students who lack the necessary resources to access digital learning.

As part of this collaboration, Aldar will contribute AED 500,000 as well as donating used electronic devices from its offices, schools, and communities, promoting a circular economy. This collective effort will not only provide essential tools for online learning but will also empower students to engage with educational content, develop critical digital skills, and unlock their potential for a brighter future.

Faisal Falaknaz, chief financial and sustainability officer at Aldar, said: “Our partnership with The Digital School is a testament to Aldar’s belief that education is a fundamental right and a powerful catalyst for change. Bridging the digital divide is essential in today’s world, and this impactful initiative will enable every child, regardless of their background or circumstances, to access quality education and equip them with the tools they need to succeed. We are not only investing in individuals but also contributing to a brighter, more equitable future.”

Dr. Waleed Al-Ali, secertary-general of The Digital School, said: “Our collaboration with Aldar marks a pivotal step in closing the digital gap and expanding access to digital education for students in need across the globe. The ‘Donate Your Own Device’ initiative goes beyond simply redistributing technology—it’s an investment in the future, ensuring that every student has the opportunity to learn, grow, and thrive in an increasingly digital world.” 

This partnership underscores our unwavering commitment to providing high-quality, flexible education, working alongside dedicated partners who share our vision for a more inclusive and sustainable learning experience.”


Mastercard, LikeCard launch family banking solution to make smart spending simpler

Updated 11 March 2025
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Mastercard, LikeCard launch family banking solution to make smart spending simpler

Mastercard and LikeCard, one of the leading platforms of e-commerce prepaid cards in the Middle East and North Africa region, have partnered to launch an innovative family banking solution designed to enhance financial literacy and responsible spending. 

The platform empowers parents and children with a seamless and secure digital banking experience, helping families make smarter financial decisions together.

With AI-powered financial tools integrated into a simple smartphone app, the solution makes it easier for families to track expenses, set spending limits, and teach children essential money management skills. Parents gain real-time oversight, while children develop healthy financial habits through interactive learn-and-reward features.

“At Mastercard, we believe financial literacy is the foundation of economic empowerment. By partnering with LikeCard, we are equipping families across MENA with the knowledge and tools to build responsible financial futures. This solution reimagines banking for the digital age, fostering smarter spending and saving habits for the ‘digital natives’ generation,” said Muhammad Nana, senior vice president, digital partnerships and enablers, Mastercard EEMEA.

The platform’s Earn, Spend, and Save feature allows children to earn rewards for completing chores, set savings goals, and develop responsible money habits.

“LikeCard was founded to bridge financial access gaps with innovative, user-friendly digital solutions. Our collaboration with Mastercard brings an AI-driven family banking experience to the region, empowering families with financial literacy tools while enhancing security and convenience,” said Ammar Alsoos, CEO, LikeCard.

Beyond banking, the solution offers personalized savings opportunities, including cashback rewards and discounts on education, entertainment, health, and virtual investments. Families can also access tailored financial products such as installment plans and lending solutions, making it easier to manage expenses and plan for the future.

By simplifying financial education and embedding responsible spending tools into everyday life, Mastercard and LikeCard are helping families across MENA build a smarter, more secure financial future-together.